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1661  Economy / Gambling discussion / Re: People are not only gambling to win but they are buying entertainment on: July 14, 2022, 04:30:56 AM
The fact that gambling dominates to loses rather than wins, the main factor because gamblers do not position gambling for entertainment but make it a profitable activity of slot gambling or sports gambling, the impact for them will be to spend all betting capital and include previous profits in gambling due to the influence of greed to double profits. In my opinion, there are 2 solutions to enjoying gambling as entertainment, limiting betting capital and limiting time to gamble, if both can be arranged in gambling it will not affect the management of time and finances.
If gamblers do not position gambling for entertainment but for making money, they will never change and will not notice it.
They will keep depositing more because they think they can make that winning money.
They do not count how much money they have lost from gambling because their only desire is to win that winning money.
Your solution can help people understand that gambling is for entertainment and nothing more so that they don't chase after winning.

Gamblers who enjoyed playing gambling are the ones who are trying to beat the casino. Gamblers experience producing adrenalin and endorphins have goals and their goals are different, You won't get thrilled because you are just having fun with games. You are being thrilled as well as having fun because of the risk of the stakes you are betting to. Trying to have consecutive wins is a hard thing to do that's why gamblers are keep trying to achieve it because it's challenging. Entertainment differs on every person, Having goals to be achieved, being challenged and winning is one of the factors for me to achieve my kind of entertainment.
I don't think that's entirely true because I believe some gamblers enjoy gambling due to the sheer number of games they can play and they know that it is very difficult to beat the casino.
They will not try hard to beat the casino but just try to spend their free time playing lots of gambling games.
And if they can win, they will think it is a bonus for them and nothing more.
If they are trying to get a winning streak, they must think about how much money they need before luck comes.
This is what many gamblers don't realize and keep trying.
1662  Other / Beginners & Help / Re: You have not lost a dime if your Bitcoin is in your wallet on: July 13, 2022, 10:59:22 AM
What makes people sell their bitcoins is because of the panic to see the price drop drastically and they can't afford to see the loss they will gain without thinking that the price could increase again in the future.
They are triggered by the amount of negative news they read from the internet that they lose control of keeping their bitcoins.
If they can still hold their bitcoin, their bitcoin will remain 1 and will not change and only the value will change.
But that decision will be up to them because they own the bitcoins.
1663  Bitcoin / Bitcoin Discussion / Re: The number of hodlers on: July 13, 2022, 09:59:04 AM
The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

There is no doubt concerning in this situation and this bear was like a chance for those who engages their selves buying when the market was $67k despite that much increase in the price this is another chance to recover, making most investors buy and hold more for being at minus looking from the price today so there should be more holders insteads sellers. It is only novice who don't want to utilize this best opportunity would also come crying how they missed their chances of buy at +$17k.
If they've bought bitcoins at $67k and have been holding them until now, we should salute them for being able to hold onto them until now.
The current conditions allow them to buy more bitcoins at this low price, especially now that bitcoin is experiencing another correction and is at $19k.
If they buy more bitcoins at the current price, their actual purchase price could drop drastically because if they take their average purchase price, they are not buying at $67k but a low price.
I don't know how long the market conditions will change and we can all take big profits again.
1664  Bitcoin / Bitcoin Discussion / Re: "I'll wait for the dip!" - The Crypto Noob Cycle on: July 13, 2022, 09:10:59 AM
I think its greed that drives such behavior. Take the current situation, for example. The price is around $20k, which is more than 3x below the ATH. If you believe that Bitcoin will recover, just like it always did before, it's reasonable to assume that if you buy now, you can expect a 3x profit, if not 4x-5x because the new ATH is normally higher than the last one. That's some wonderful long-term profits which are very likely. But no, people get greedy and start thinking how much more it can be if Bitcoin goes down even lower, in the end not getting anything out of it.
Those who don't take this opportunity to buy more bitcoins will regret that by the time the price starts to increase, you will be late to buy and even if you can buy it, you probably won't be able to get the low price.
People will start buying when the price starts to increase and tend to hold it if the price drops back down and just sit back and watch the price go up and down below the price he bought.
But if he's already decided to buy at every price bottom, then there's a chance he'll keep buying if the price goes down further.
This needs to be analyzed further to find the right price so that we can buy it and it's okay if we can't buy at the lowest price because it is very difficult to predict when the price will reach the lowest price.
1665  Economy / Gambling discussion / Re: Inherited gambling on: July 13, 2022, 07:36:19 AM
That's because a child only sees and imitates what his parents do so it makes us as parents be careful when in front of them. We must be able to set a good example so that they see and imitate it for their future provision. If we can set a good example for them, they will surely understand and be able to distinguish what they can and cannot do. This will also prevent their children from doing something bad when they grow up. Children need the understanding to understand things so this is what makes us have to be able to explain everything properly and correctly.
Parents have their own choices but I am sure that parents do not want their kids to follow what wrong they do or did in their life.
Like if a father takes drug he would beat his son to death if he finds out his son is doing the same. Likewise - if the parents are addicted drinker they would not want their kids to do that, Having gambling trait in DNA is not correct - its a choice.
As much as possible, parents want their children to have a better life, so they try to give their children the best.
But unfortunately, many of their children do not realize it and even misunderstand their parents' intentions.
Maybe this needs further understanding and discussion between parents and their children so that they can accept what the parents mean.
But their children still have their own choices in determining their lives and parents cannot impose their will on their children.
1666  Economy / Gambling discussion / Re: People are not only gambling to win but they are buying entertainment on: July 13, 2022, 06:27:33 AM

This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment.
They say in gambling, only the casino operators win, and that is the reality so never challenge the casino or dare it you cannot you can win sometimes but never all the time, gambling tackles the psychological mindset of humans they challenge it to try to win and at the same time it gives him pleasure that he will go after, so this is why it's easy to become addicted to gambling.
We can only use gambling for fun and not think we are trying to win over and over again.
In fact, we will lose more often than we win so maybe we should just enjoy our time gambling and return to the next activity after our gambling time is over.
We must change our mindset of wanting consecutive wins because it is very difficult to get them.
But we can win once in a while especially if luck can come to us.
1667  Economy / Gambling discussion / Re: Reasons why people avoid KYC in gambling casino ? on: July 13, 2022, 04:22:02 AM
Now that you've mentioned it, I think its a good idea. Perhaps letting the players have a choice whether to have KYC or not could save them and the casino unnecessary trouble. Putting up certain limit of withdrawal is a good concept so that the players would be mindful of their winning withdrawals to avoid undergoing KYC process. Because as we all know, not everyone is in favor and fond of doing KYC. Some people just really prefer to be in the shadows and not expose their identity as well as their transactions.

Although I don't know what might happen regarding monitoring the income flow of the casino. Because KYC is also important at some point on determining taxation. A monitored number of active users is a must. So maybe they could try to incorporate and strategize first to check if there would be more advantages or disadvantages.
With that choice, gamblers can know what they should choose so they will not violate the rules of the casino.
Gamblers who don't like KYC will try not to cross the set limits so they can continue to gamble in the shadows.
I guess casinos are also given some leeway in terms of KYC because the government doesn't want to impose too strict regulations on casinos so that casinos, gamblers and the government can still go their separate ways.
It is hoped that with the freedom for gamblers in terms of these two choices, gamblers can stay in the same casino without crossing boundaries. In contrast, the casino can continue providing even better customer service.
1668  Bitcoin / Bitcoin Discussion / Re: Bitcoin gets more attention on: July 12, 2022, 09:27:44 AM
Maybe this is a good step for a bank to offer crypto services to its customers because bitcoin is now getting a lot of attention from many parties.
With this offer, bitcoin's position in the banking sector can become stronger and foster trust from the public to start using bitcoin.
But they need to receive an explanation from related parties about how to use bitcoin so there will be no misunderstanding about its use.
This will trigger more bitcoin users and see what benefits they can get from using bitcoin.
1669  Economy / Trading Discussion / Re: 1-5 min scalping on binance is it worth it on: July 12, 2022, 08:23:17 AM
I am looking at scalping Technics on trading view
I found one that had unbelievable results so have been paper trading it on 3commas and it is not working the same at all. I am shocked  Grin

I have found another one or two which also have good results but dont know if it is possible to actually trade the strategies.
They consist of a lot of trades with low profit or loss eg 0.2-0.8%
I have added commissions on trading view of 0.05% which I think is Binances fee
I would if successful use leverage with these trades but is it even possible to trade such small fluctuations and be profitable
I don't use scalping very often because I have to be in front of the computer analyzing the direction the price will move.
But before starting scalping trading, you should pay attention to your internet connection because it plays an important role in trading.
We don't want to see our trades responding too late and causing us losses.
But scalping trading can also benefit you if you can play fast following price movements.
1670  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | Earn up to 50% rakeback | VIP | on: July 12, 2022, 06:00:13 AM
While that it is not a bad mindset, you also need to have some bankroll management. It is important to have fun when gambling, but even with a small wager per bet, it can deplete your bankroll very quickly.
In gambling you have to manage your funds properly because if you are not then at one point your funds will be depleted for sure.With not controlling yourself and looking at your budget wagering aggressively would end up your funds.Small gamblers might be betting with minimum amounts but if you don't have fund management then you will loose them all.
Self-control and limiting the funds used for gambling are very important so that we do not spend much money just on gambling.
Small gamblers may survive using that method but when they can win money, they may forget everything and instead use bigger bets because they think if they win, they will win a lot.
Even if you bet small amounts, you could lose it all if you lose control of yourself and use or deposit more money to continue playing.
And if it had lost everything, it would be difficult to recover it.
1671  Economy / Gambling discussion / Re: Reasons why people avoid KYC in gambling casino ? on: July 12, 2022, 05:03:43 AM
Even if a reputable casino site suddenly obliges to deposit KYC this would be up for debate, there will be some gamblers who disagree. Because when we talk about KYC, it concerns the identity of the gambler in detail. those who do not want their privacy to be known by others will certainly choose to leave the casino.
but if a new casino site operates implementing KYC, many people will avoid it, but some others start researching whether the casino site has a good reputation or not.
If there is a debate between gamblers about KYC, maybe the casino could implement a way of limiting the number of withdrawals that gamblers will make so that if they don't cross the withdrawal limit, they don't have to do KYC.
At least, it can protect the gamblers to keep playing in that casino and they don't have to do KYC and can enjoy their time in that casino.
Maybe the casino itself doesn't want to implement KYC for its members.
Still, after all, the casino is supervised by the regulator and doesn't want to violate the regulator's rules. This might be a dilemma for that casino in terms of KYC so they need to consider it before making a decision.
1672  Economy / Gambling discussion / Re: Grand Lotto Winner on: July 12, 2022, 03:51:14 AM
I dont think its a big deal if they mention the place where the winners came from. This way people will know that there's a legit winner and its not fabricated. As long as they will not reveal the identity of these winners im not seeing it as a problem.

Anyway its a huge amount and life changing, from being poor to rich in just a snap.They are certainly lucky to hit the jackpot.
It might not be a big deal if the casino doesn't reveal the full identities of the winners and only mentions names as there are lots of name similarities from other people so it's still perfectly safe.
But it's possible that if the casino could mention his first name or alias, it would be more secretive and people who saw or heard of the name wouldn't be curious.
But it is also possible for the casino to mention the lottery number instead of the name and the person concerned can come to the casino by showing the lottery.
It would be a complete secret to the winners so they could keep their identities public.
1673  Economy / Gambling discussion / Re: Payouts in casinos on: July 12, 2022, 02:44:40 AM
I don't need to research payouts before playing because I don't think the difference is that big and as long as each casino is a trusted casino, I don't think it will be a problem.
I thought that if I had to search or research about payouts before playing, it would be a waste of my time in gambling because I would have to give more time to find the casino.
But if someone does it, I think it's normal because finding the casino we want is a must where we will play in that casino later.
1674  Economy / Gambling discussion / Re: Inherited gambling on: July 11, 2022, 07:57:13 AM
Seems you're contradicts yourself.
If you said the environment is full of smokers, then you will become smoker too. But you said it's depend on your personal choice, this mean environment do not always make the adult become smoker even he surrounded full of smokers.
Yes, it depends on your personal choice because if someone has a strong character, he will not be tempted by anything and be able to choose what he thinks is good.
But many people become seduced by their surroundings and in the end, they follow what the people in their environment do.
We decide what we want to be and not depend on the environment.

Children would either copy what they see on their parents or question them, it's their only two choices. If their parents are addicted to gambling, then it would cause chaos into their family that gives children truma, that's why they'll hate their parents addiction forever and will not do the same like their parents. Mostly children who has a worst environment turned out to be a good example to other people, some are worst than their parents.
That's because a child only sees and imitates what his parents do so it makes us as parents be careful when in front of them. We must be able to set a good example so that they see and imitate it for their future provision. If we can set a good example for them, they will surely understand and be able to distinguish what they can and cannot do. This will also prevent their children from doing something bad when they grow up. Children need the understanding to understand things so this is what makes us have to be able to explain everything properly and correctly.
1675  Economy / Speculation / Re: Can the price Hit back $50k this month? on: July 09, 2022, 12:18:43 PM
It's still too far for Bitcoin to go back to $50k. Moreover, expecting Bitcoin to reach the price of $50k this month seems very unlikely. To be honest
I really want Bitcoin to go back up to $50k this month, but unfortunately the results of the research and analysis that I did did not show the results
I wanted. In this month according to my prediction the price of Bitcoin has not moved too significantly, even the possibility that the price of Bitcoin is
still stable not far from the price of $ 20k. We still have to be a little patient again waiting  for the price of Bitcoin to return to the price of $50k.
So just stay focused on collecting Bitcoin, and never sell Bitcoin at a low price if the Bitcoin price drops even further. Remember that investing
in Bitcoin does require patience, because investing in Bitcoin sometimes we can feel profit after holding for the long term.
It's still a long way from getting back to $50k but at least bitcoin still has the potential to go back to the last ATH.
Many of us would like to see bitcoin return to the $50k price but we need to be more patient to wait because the bitcoin price is still at the $21k level.
Hopefully, this month the bitcoin price will not fall again like before. Even the price can increase little by little.
Importantly, we can collect bitcoins at a low price so that we can have a lot of bitcoins ready to be sold at the next high price.
If we can be patient in investing in bitcoin, we will be able to get big profits in the future.
1676  Economy / Gambling discussion / Re: Casino can play a role in changing fortune? on: July 09, 2022, 10:03:53 AM
The story sucks to be honest. First of all because of the percentage you mention, but is there that much difference between $5,000 and $27,000? If he had said that $5,000 got him $500,000, it would seem to me to be a considerable difference.

And besides, it was the only way he could get that $22,000 difference? I don't know, maybe taking a loan to invest in his company would have made more sense.

Maybe the meaning of the story is that he took a risk in the casino and won, it gave him the courage to continue to take risks in business - instead of a reliable bankruptcy after which he would still have a lot of capital, he decided to keep the business to the very end and eventually won the jackpot. In general, it is rather silly to confuse gambling with business, but sometimes such comparisons really make sense because in business there are many external factors that are beyond our control and can be perceived as random.
Maybe he had given up on what happened with all his money so he decided to gamble.
And unexpectedly, he was finally able to win a lot in a week and was finally able to help him to continue his business even though the money was still lacking.
No one thought that his fate would change and that he could get the luck that came at the right time so this is what is called the right person at the right time to get lucky.
1677  Economy / Gambling discussion / Re: Inherited gambling on: July 09, 2022, 07:38:03 AM

This is a good comparison, we should understand that it is our choice to get addict into something and most of the time if the Children sees the addiction of their parents, they started to hate it. In the situation of my friend, his parents is a liquor addict and when his parent get drunk, they became insane and starts to hurt his siblings so this kind of trauma makes them hate beer, and that is also a proof that addiction can’t be inherit. We all have our own choices here especially if you are already on a legal age, always choose what’s best for you.
That is correct personal choice is a different thing and addiction is an other. But we can not say it at all that just because our parents were smokers - kids are smoking. My father was a chain smoker. But none of my sibling likes smoking at all. Why it has not been transferred through genes? because it is not in DNA
Yes, you are right. If the environment around the children does not have children who smoke, it could be that later when they grow up, no one will smoke either.
As for adults who have already smoked, it will remain like that.
There are also those whose fathers don't smoke at all, but their children are surrounded by smoking children, which makes them smoke as well.
Maybe it's not related to DNA but maybe how we can choose which one to use and that's more personal.
1678  Economy / Gambling discussion / Re: Do You Think Its One Too Many on: July 09, 2022, 03:20:50 AM
If you will only visit every crypto gambling review site that you can see on the web you will noticed that many of the crypto gambling sites that they review don't have an ANN thread on our forum. There are some which are ranked high and they do have a thread here but it was not that active anymore.
There are instances that those known casinos that have already built up their casino and community, don't stay here anymore. Maybe they think that it's no longer effective as they've got most of the customers already that they need but for sure that the forum has helped them out. Also, they're active in other social media and that's much easier for them to address and solve issues by their customers.
I think that's the reason why they're no longer active in here if ever they've got a thread in the forum.
There is no exact numbers of costumer for any business mate, because imagine that gamblers are not permanently going in single site as they are keep finding new one so how come that they will be contented upon their sites player.

Maybe they are now extending their ads in different sites so they are gathering new costumers and not willing to advertise here anymore .
There could be some reasons why the casino site isn't that active on this forum anymore and it looks like they probably already feel that they've promoted enough here.
But some are still trying to be active in this forum and use ads here.
But after they became famous and many members joined their site, they focused more on providing services to their members so that they could feel at home in their casino.
But for gamblers, they will have more than one casino as a place to play.
1679  Economy / Gambling / Re: What makes you hide your bets in public? on: July 08, 2022, 12:52:56 PM
I just do not want other people to see me doing online gambling because not everyone around me will let me do that.
Some will not be comfortable seeing a person playing gambling because gambling does not have a good name here.
That is why I hide my gambling time from the public, even at home, and I only gamble when I am in my room without anyone with me.
But if I am with my friends who also play gambling, I will show what I do because sometimes, we gamble together in one room Grin
1680  Economy / Speculation / Re: Can the price Hit back $50k this month? on: July 08, 2022, 10:20:13 AM
I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.
Besides that, the bitcoin price is still in the $21k range and if this month, bitcoin hits back to $50k, that will be a big achievement for bitcoin because it is not easy to lift the price in the middle of this situation.
But if bitcoin can do that, every people out there will see that bitcoin is going to be strong again and no one will underestimate bitcoin.
Hopefully, the price will not go down too far if the correction is coming so people out there will not panic too.
If the price can sustain at this level, the price will have a big opportunity to increase in the next month.
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